Osram CFO Says $3.8 Billion Offer Will Help to Build Portfolio

The transcript discusses Osram's acceptance of a €35 per share offer, which is seen as attractive for shareholders, employees, and the company's future strategy. Despite recent profit warnings, the offer promises business continuity and financial support for R&D and mergers. The management structure will remain supported by the Bain and Carlyle consortium, which is expected to aid in portfolio transformation, especially in the automotive and smartphone markets. The offer has been officially supported, and the acceptance process is expected to conclude by early September.

What kind of support is expected from the Bain and Carlyle consortium for Osram?

What is the expected duration for Bain and Carlyle's involvement with Osram?